5 Penn Ave Wernersville, PA 19565
43 Units, High NOI, 15% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $430,000 projected annual net operating income (NOI).
- 42-unit historic building in a prime, high-traffic location with 38 residential units (17 with private baths) and 4 commercial spaces (bar, cafe, kitchen, restaurant/ballroom).
- Includes adjacent parcel with barn and parking lot, offering expansion potential.
Property Details for 5 Penn Ave
- Property type
- Mixed-use properties, Apartment buildings
- Buildings
- 2
- Stories
- 4
- Units
- 43
Location Insight
- City
- Wernersville
- County
- Berks
- State
- Pennsylvania
- Latitude
- 40.3297888
- Longitude
- -76.0794369
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Mixed-use property - 43 Units, High NOI, 15% Cap Rate
- Where is the mixed-use property located?
- The property is located at 5 Penn Ave Wernersville, PA.
- What is the asking price?
- The asking price for this property is $2,850,000.
- What are key features of this property?
- This property features: $430,000 projected annual net operating income (NOI).; 42-unit historic building in a prime, high-traffic location with 38 residential units (17 with private baths) and 4 commercial spaces (bar, cafe, kitchen, restaurant/ballroom).; Includes adjacent parcel with barn and parking lot, offering expansion potential.
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